The NYU Center for Data Science (CDS) has developed two programs at the graduate level. The Master of Science in Data Science is the first, which launched in the Fall of 2013. In the Fall of 2017, the Center for Data Science also launched a new PhD Program in Data Science.
The Wasserman Center at NYU provides career development services to the entire university. The NYU Center for Data Science supplements their efforts by executing an internal initiative for networking and placement for students. We have events where CDS students can network with employers specifically about Data Science.
Are You a Data Scientist?
Data scientists have stellar mathematical, computer science and analytical skills. Curiosity is also an essential characteristic of a data scientist. They approach the structured and unstructured data pouring in from sources such as sensors, the Web, smartphones and credit card readers, to name just a few, with an explorer’s desire to uncover what others might not see. They also excel in presenting complicated findings in order for experts and non-experts alike to make use of insights gleaned from data.
Data scientists work in a wide range of sectors: technology, healthcare, finance, management, government. They are also in high demand. A McKinsey Global Institute study, for instance, projects that by 2018 the United States will face a shortage of approximately 140,000 to 190,000 people with the skills of data scientists.
The Perfect Data Science City
A particularly large number of companies in the Greater New York City area are driven by data science, including IBM, AT&T, Google, Facebook, Microsoft, EMC, Thompson-Reuters, Foursquare, bit.ly, Etsy and Twitter. The city’s pharmaceutical, financial and insurance industries also rely on data science. This puts students in proximity with desirable organizations and to careers with leaders in the field after graduation. Additionally, these companies, along with city agencies awash in datasets, may be involved in research projects students will participate in during the program.
CDS Alumni are usually able to start in their desired position title straight out of the MS program. A couple of examples of job titles that our students currently hold are the following:
- Senior Data Scientist
- Data Scientist
- Research Scientist
- Research Analyst
- Software Engineer
- Research Engineer
- Data Analyst
- Machine Learning Engineer
- NLP Engineer
Statistics based on self-reports
- The graduating class of 2015 had a 100% placement rate upon graduation.
- The graduating class of 2016 had a 42% conversion rate from internship to full time offer within a company.
- The industry breakdown based on self reports from the 2015 and 2016 graduating class is the following:
- a. Finance: 37%
- b. Technology: 45%
- c. Media/Marketing: 12%
- d. Health/Medicine: .04%
- e. Social Good: .02%
- f. Other (PhD or Reserach): 5.94%